Question

the selling price of an article is 96% of its cost price. Find the loss or gain as percent on the whole.​

Answer 1

Answer:

Let the cost price of article be Rs.100.

Therefore,

Selling price of article =Rs.96

Since cost price is greater than selling price.

Thus.

Loss %= 100

100−96

×100=4%

Step-by-step explanation:

hope you understand the answer